Category: Sports/Fitness

Ross Stores Comps Up 4% in May

June 4, 2009 SGB Update

Ross Stores, Inc. said sales for the four weeks ended May 30, 2009 increased 10% to $564 million from $513 million for the four weeks ended May 31, 2008. Same store sales for the month increased 4% on top of a strong 7% gain in the prior year…

Stein Mart Q1 Sales Dip 9.2%, Comps Fall 8%

June 4, 2009 SGB Update

For the first quarter ended May 2, 2009, Stein Mart earned $16.1 million or 38 cents per diluted share as compared to $7.0 million or 17 cents per diluted share in 2008. As previously reported, net sales for the first quarter decreased 9.2% to $319.6 mill

Iconix Raises $131M in Stock Offering

June 4, 2009 SGB Update

Iconix Brand Group, Inc. expects to receive proceeds of approximately $131.4 million from the offering of 9.2 million shares. Proceeds will reach approximately $152.9 million if the underwriters exercise their option to purchase additional shares in full.

Vail Resorts Q3 Income Drops 29.4%

June 4, 2009 SGB Update

Vail Resorts, Inc. saw a net income of $61.6 million in the third fiscal quarter ended April 30, 2009. This 29.4% drop from last year's income of $87.3 million was impacted by lower destination visitation…

Asics Leases Distribution Center in DeSoto, MS

June 4, 2009 SGB Update

Asics America has signed a 224,000-square-foot industrial lease at 601 Expressway Drive in Horn Lake, MS, according to an article on costar.com. The athletic footwear manufacturer is scheduled to take occupancy in July…

HEAD N.V. Extends Debt Exchange Offer

June 4, 2009 SGB Update

Head N.V. said its subsidiary, HTM, is extending the early tender date of its previously announced private exchange offer (the “Exchange Offer”), to exchange its outstanding €135,000,000 ($191.5 million) 8.5% Senior Notes due 2014 (the “Existing Notes”) f

Recall: REI 2005 Novara Trionfo Bicycles

June 3, 2009 SGB Update

Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz

Forzani Urges Support of its Board Nominees

June 3, 2009 SGB Update

The Forzani Group Ltd. is mailing a letter to
its shareholders providing an update on the support
that FGL has received for all eight of its nominees
for the Board of Directors, and summarizes the
reasons why shareholders should vote the WHITE proxy i

Greg Norman Reups with Golf Retirement Plus

June 3, 2009 SGB Update

Greg Norman Collection, acquired from the MacGregor Golf Company by The Tharanco Group in February 2009, has renewed its presenting partnership of Golf Retirement Plus. Greg Norman Collection has served as a presenting partner of the program since 2000…

Beretta Names New Rep Group

June 2, 2009 SGB Update

Beretta USA recently selected Maschmedt & Associates as their new sales representative group covering the Western sales territory…

Puma NA Partners on Swimwear License

June 2, 2009 SGB Update

PUMA North America named Blue Water Design Group the official licensee of PUMA Swimwear and Beachwear for women in the US market. As part of this relationship, Blue Water will be responsible for design, merchandising, sales and marketing for the collectio

Teens Like Sporting Goods Stores as Much as Mall

June 1, 2009 SGB Update

It wouldn’t come as a surprise to many that U.S. teens purchase more of their athletic footwear and apparel in mall specialty stores than the U.S. population as a whole, but teens are also far more likely to purchase those items in sporting goods stores t

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